Economy · West Africa
Nigeria Real Interest Rate
2.9%as of 2023-27.5% vs 2022
Lending interest rate adjusted for inflation as measured by the GDP deflator. Source: World Bank — World Development Indicators. Updated June 25, 2026.
Trend
History
| Period | Real Interest Rate |
|---|---|
| 2023 | 2.9% |
| 2022 | 4% |
| 2021 | -1% |
| 2020 | 2.1% |
| 2019 | -25.8% |
| 2018 | 6.1% |
| 2017 | 5.8% |
| 2016 | 6.7% |
| 2015 | 13.6% |
| 2014 | 11.4% |
| 2013 | 11.2% |
| 2012 | 6.2% |
Get this via API
The series above is served by the /v1/data endpoint. With a free key you get JSON for every country and indicator on this site.
curl "https://api.africa-api.com/v1/data?country_code=NG&metric_key=real_interest_rate_pct" \
-H "Authorization: Bearer $AFRICA_API_KEY"Real Interest Rate across Africa
Rank all 54 ->| Country | Real Interest Rate |
|---|---|
| Kenya | 13.1% |
| South Africa | 7.4% |
| Egypt | -7% |
| Ethiopia | -17.1% |
| Tanzania | 9.6% |
Frequently asked questions
What is Nigeria's real interest rate?
Nigeria's real interest rate is 2.9% as of 2023, according to World Bank — World Development Indicators.
What is the source for this figure?
The figure comes from World Bank — World Development Indicators and is republished by the Africa API with the retrieval date shown on this page.
How do I get Nigeria Real Interest Rate data via API?
Call GET /v1/data?country_code=NG&metric_key=real_interest_rate_pct with a free Africa API key to receive the full time series as JSON.
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